Coal and lithium drive Australian stocks’ outperformance in 2022
The country’s behemoth iron ore miners ended the year on a high as China’s abrupt Covid Zero reversal and a steady stream of supportive policies raised the outlook for demand.
According to Fitch, automakers with operations inside the EU have already started to invest in more sustainable extraction techniques, placing pressure on lithium producers.
The Pacific Northwest National Laboratory is ready to field test a technology that uses magnetite to anchor an adsorbent shell that selectively binds lithium and other critical metals.
Wood Mackenzie says miners need to spend that amount in the next next 15 years to help supply enough metals needed for the shift to a low carbon world.